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Advance Residence Investment Corporation Acquires New Real Estate Assets

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Advance Residence Investment Corporation Acquires New Real Estate Assets

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Advance Residence Investment ( (JP:3269) ) has issued an announcement.

Advance Residence Investment Corporation announced the acquisition of beneficiary interests in two real estate properties, RESIDIA Gakugeidaigaku and RESIDIA Takadanobaba, for a total of 4.33 billion yen. This acquisition aligns with the company’s strategy to secure stable long-term earnings and will be financed through proceeds from previously announced property dispositions.

The most recent analyst rating on (JP:3269) stock is a Sell with a Yen140000.00 price target. To see the full list of analyst forecasts on Advance Residence Investment stock, see the JP:3269 Stock Forecast page.

More about Advance Residence Investment

Advance Residence Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing residential properties in Japan. The company is managed by ITOCHU REIT Management Co., Ltd., which is responsible for asset management and strategic investment decisions.

Average Trading Volume: 6,547

Technical Sentiment Signal: Buy

Current Market Cap: Yen483.8B

Learn more about 3269 stock on TipRanks’ Stock Analysis page.

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